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ValidSoft Reports on Its Voice Biometric Technology
[February 15, 2013]

ValidSoft Reports on Its Voice Biometric Technology


Feb 15, 2013 (Close-Up Media via COMTEX) -- ValidSoft, a global supplier of advanced telecommunications-based fraud prevention, authentication and transaction verification solutions, and a subsidiary of Elephant Talk Communications Corp., announced that it has achieved its primary objective for its voice biometric technology of successfully being measured and compared with the world's leading commercial voice biometric providers and non-commercial voice biometrics research groups.



ValidSoft reported that it achieved its objective by successfully taking part in the National Institute of Standards and Technology (NIST) Speaker Recognition Evaluation.

NIST, a non-regulatory federal agency within the US Department for Commerce, holds a voice biometric challenge every two years to advance speaker recognition core technology and to encourage innovation amongst industry leaders, research institutes and academics. In the latest challenge, participants had three weeks to process audio data and send back identification results achieved by their voice biometric engine.


ValidSoft applied its commercially available biometric Speaker Verification Platform, VALid-SVP, used for fraud prevention, to suit the particular challenge.

Pat Carroll, CEO of ValidSoft, said, "We are delighted with our achievement at the NIST Speaker Recognition challenge. We firmly believe that voice biometrics will play an integral part in payment fraud prevention as more of us use our mobile phones to make money transactions. Using a voice print to authenticate a customer and verify transactions provides a natural and efficient security layer. It is not just for mobile-based payments either, as we see evidence of increased fraud over telecommunication channels such as traditional phone banking." "We predict the use of voice biometrics for authentication and transaction verification purposes will accelerate within the banking industry, and other verticals. Voice biometrics will equally become increasingly appealing to insurance companies, government agencies, telcos and retailers, in fact any business where the phone is used as a means to contact their customers," added Carroll.

More information: www.validsoft.com www.elephanttalk.com ((Comments on this story may be sent to [email protected]))

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